Silver continues its stunning rally, zooming above $91 this morning on inventory tightness globally.
Meanwhile, gold this week surpassed its all-time high from late December and is now trading above $4,600.
Money Metals is seeing another new influx of first-time purchasers… Americans who have realized how badly served they’ve been by their financial advisors who never once recommended gold or silver exposure.
Virtually all products amazingly remain in stock at Money Metals, but many competitors are facing serious inventory challenges due to extremely high retail demand across the U.S. market.
Imagine if the percentage of Americans buying physical gold or silver went from just 1% to 2%. That’s a 100% increase, a staggering amount of volume for dealers and mints to handle.
Next, imagine if retail participation went from 2% to 4%!
Make no mistake — if the public tries to get involved in a meaningful way, there is absolutely no way such demand could be accommodated anytime soon.
At Money Metals, we’ve now hired 45 new employees since Christmas to help address the high order flow and phone call volume. Thank you for your patience!